With 1.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.57 million shares. The 52-week range on PARR shows that it touched its highest point at $29.94 and its lowest point at $11.86 during that stretch. It currently has a 1-year price target of $20.59. Beta for the stock currently stands at 1.53.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PARR was up-trending over the past week, with a rise of 22.25%, but this was up by 34.23% over a month. Three-month performance surged to 3.42% while six-month performance rose 10.81%. The stock lost -42.20% in the past year, while it has gained 6.96% so far this year. A look at the trailing 12-month EPS for PARR yields -1.12 with Next year EPS estimates of 2.80. For the next quarter, that number is 0.35. This implies an EPS growth rate of 62.23% for this year and 366.14% for next year.
Float and Shares Shorts:
At present, 54.35 million PARR shares are outstanding with a float of 51.54 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PARR since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.17286 being high and $0.15126 being low. For PARR, this leads to a yearly average estimate of $0.16206.
